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  • Chinese authorities say relax (but not too much)
  • The country has one of the highest levels of bad loans in the EU, but recent regulatory advances have proven key in making the market more efficient for investors
  • Recent legislation may have unified the country's insolvency and bankruptcy proceedings, but the threshold for commencing the process could be a problem
  • Brazil is late to the party when it comes to tackling corruption. But recent scandals involving a number of state-controlled companies have led authorities to implement the Clean Company Act, with the aim of enforcing better business practices. The Latam nation wants to change its corporate culture, but better business practices and transparency can't be built in a day
  • The sun is setting on summer 2017 (and on Libor)
  • Investors’ search for the best possible risk/return profile has created a revolution in the derivatives market
  • The OECD has established policies to support cooperation between jurisdictions in order to solve common problems. Among these is the exchange of financial information to reduce problems such as tax evasion and avoidance, and money laundering. This situation has been a challenge for central American jurisdictions when it comes to the approval of new regulations. As a result, several international treaties have been signed and local regulations have been enacted, and several other initiatives and bills are currently being discussed from a political and technical perspective.
  • The Cyprus Companies Law Cap 113 has been amended to transpose the EU Accounting Directive (2013/34/EU) into domestic law with effect from September 23 2016.
  • A draft bill on palm oil business is being circulated for discussion in the House of Representatives of Indonesia. The draft bill, if passed, is intended to replace the existing laws and regulations on palm oil business, including Law 39 of 2014.
  • Foreign investors are now permitted to run companies themselves in a bid to attract investment and boost growth